American Hotel Income Properties REIT LP had positive Q2 2024 results with growth in key metrics.

From Globe Newswire: 2024-08-06 18:30:00

American Hotel Income Properties REIT LP announced financial results for Q2 2024, with diluted FFO per unit at $0.12. RevPAR increased by 5.1%, reaching $103, while ADR rose to $137 and occupancy to 75.4%. NOI was $24.2 million, with available liquidity of $26.7 million as of June 30, 2024. The company aims to strengthen its liquidity and balance sheet in 2024.



Read more at Globe Newswire:: American Hotel Income Properties REIT LP Reports Q2 2024